Latest News:  
Beijing   Sunny    2 / -9   City Forecast

People's Daily Online>>China Society

Farm produce prices fall on waning demand

(Xinhua)

13:56, February 08, 2012

BEIJING, Feb. 8 (Xinhua) -- Farm produce prices broke an eight-week trend of rising last week and fell on sliding demand as the Spring Festival holiday ended, the Ministry of Commerce said Wednesday.

The wholesale prices of 18 staple vegetables fell 5.8 percent week-on-week, with prices of green peppers and cucumbers down 16.7 percent and 15.4 percent, respectively, the ministry said in a statement on its website.

Egg prices slid 0.4 percent last week. The pace of decline was 0.3 percentage points faster than one week earlier.

Pork prices dropped 0.8 percent, while prices of beef and mutton gained 0.6 percent and 0.2 percent, respectively.

The wholesale prices of eight aquatic products rose 0.2 percent due to shrinking supply amid the freezing season, the statement said.

Food prices have a one-third weighting in the calculation of China's consumer price index (CPI), a major gauge of inflation. The country's CPI eased to 4.1 percent in December, the slowest rise in 15 months.


Email|Print|Comments(Editor:燕勐)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Railway workers at post during festival

  2. Residents prepare for Tibetan New Year

  3. Jewellery design competition held in HK

  4. Chinese lantern unveiled in San Francisco

Most Popular

Opinions

  1. Drums of war beating again in Middle East
  2. American society at crossroads
  3. Values are thin excuses to start new wars
  4. Li Ning to lower costs, improve effeciency
  5. EU cannot act as sole toll bearer of the skies
  6. Avoiding civil war in Syria
  7. Trade essential for growth
  8. Cadmium pollution cleanup measures safe, effective
  9. Chinese consumers fill big Western shoes abroad
  10. Returned migrant workers refill "empty nests"

What's happening in China

Lantern Festival return travel rush begins

  1. Warning on HK family planning
  2. Police nab jewelry store robber in S China
  3. Cold spell affects 40,000 in north China
  4. China raises threshold for driving license
  5. Land slides in NW China, casualities unknown

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai